First of all, you can get the prospectus of the relevant fund through the website of the fund company and the Securities News, or you can directly call the customer service phone of the fund company for consultation. The following will take the open-end fund as an example to illustrate.

First, select the fund to be invested, and then apply for opening an account at a bank outlet, the business department of a securities company or the direct sales center of a fund management company and fill in the application form. Specific subscription procedures will be detailed in the prospectus. What needs to be decided is the amount of investment, not how many fund units to buy. The domestic subscription of open-end funds adopts the unknown price method, that is, the transaction price of the fund unit depends on the net asset value of the fund unit on the day of subscription (it can only be calculated after the market closes on the same day and announced on the next trading day). Among them, subscription share = (subscription amount-subscription fee) ÷ net value of fund unit on subscription date, and subscription fee = subscription amount × subscription rate.

When filling out the application form, there are still a series of options to be determined, several of which are crucial. For example, whether to choose cash dividend or dividend reinvestment. If you choose to reinvest in dividends, your fund share will increase after each dividend. It is worth noting that the calculation data of the total return of funds are often based on the assumption that investors choose dividends to reinvest.

No matter which way you take, you should keep the confirmation certificate of purchase. Generally speaking, the subscription application is valid only after filling in the subscription application form and paying the subscription fee. You can call the customer service center of the fund management company on the subscription day (T day) to confirm whether to accept the application, but the transaction result will take T+2 days to confirm. Investors should remember to get the confirmation certificate and keep it intact. Most fund management companies send statements to investors quarterly or monthly. Another thing to note is the minimum amount required for the initial subscription of the fund. At present, different funds have different minimum requirements for the initial subscription of each account, and the minimum requirements for each account are also different for the consignment outlets and direct sales outlets of the same fund.